| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $4.1B | $4.2B | -3.9% | -6.3% |
| Op. Income | $688M | $731M | $1.1B | -5.8% | -35.0% |
| Gross Margin | 31.6% | 33.9% | 38.4% | -2.3pp | -6.8pp |
| Net Margin | 12.6% | 13.6% | 18.5% | -1.0pp | -5.9pp |
| EPS (Diluted) | $5.23 | $5.75 | $7.82 | -9.0% | -33.1% |
| Free Cash Flow | $239M | $548M | $1.1B | -56.4% | -77.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $464M |
| Other Expenses | $81M |
| Operating Expenses | $545M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $688M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $640M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | $492M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $492M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $492M |
| D&A | $210M |
| EBIT | $682M |
| EBITDA | $893M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $464M |
| Other Expenses | $81M |
| Operating Expenses | $545M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $688M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $640M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | $492M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $492M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $492M |
| D&A | $210M |
| EBIT | $682M |
| EBITDA | $893M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $492M |
| Depreciation & Amortization | $162M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$363M |
| OPERATING CASH FLOW | $356M |
| Capital Expenditure | -$117M |
| Acquisitions (Net) | -$457M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $400.0K |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$573M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $239M |
| Net Change in Cash | -$239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $441M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $2.8B |
| Goodwill | $8.2B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $62M |
| Tax Assets | $28M |
| Other Non-Current Assets | $463M |
| TOTAL NON-CURRENT ASSETS | $15.5B |
| TOTAL ASSETS | $20.7B |
| Account Payables | $624M |
| Short-Term Debt | $2M |
| Deferred Revenue | $556M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $765M |
| Other Non-Current Liabilities | $490M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $9M |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $10.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$265M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.7B |
| Minority Interest | $21M |
| TOTAL EQUITY | $10.7B |
| TOTAL LIABILITIES & EQUITY | $20.7B |
| Total Debt | $6.3B |
| Net Debt | $5.1B |
